Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Women’s clothing store Didi will close all its stores next week, leading to the dismissal of 500 employees. Didi was declared bankrupt earlier at the beginning of the year but secured a six weeks period to look for a potential buyer to ensure the stores could remain open. The quality of the bids, however, was disappointing and lead to the decision to close all the stores. Didi has 81 stores throughout the Netherlands.
Eurofound (2020), Didi, Bankruptcy in Netherlands, factsheet number 99762, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99762.